Latest Economy of the People's Republic of China Stories
LIMA, Peru, Nov. 27, 2012 /PRNewswire/ -- Nilam Resources Inc. ("Nilam" or the "Company") (NILA-OTCQB) announces today that it is sending an independent geological team to its El Varon property to study and produce independent updated laboratory results. The company is looking forward to receiving their report(s) and results in the next few months. The EL Varon project consists of "Tati" and "San Marino No.2" mining concessions which are located in close proximity to the great...
SINGAPORE, Nov. 23, 2012 /PRNewswire/ -- China's apparent* oil demand rose 6.6% year over year in October to 41.28 million metric tons (mt), or an average 9.76 million barrels per day (b/d), the third highest on record, a just-released Platts analysis of recent Chinese government data showed. October apparent* demand was slightly lower than the record 9.8 million b/d in September and the 9.77 million b/d seen in February this year. "We continued to see strong growth in apparent...
NEW YORK, Nov. 16, 2012 /PRNewswire/ -- China Industrial Steel, Inc. (the "Company") (OTC: CDNN) today announced its earnings for the quarter ended September 30, 2012. The Company, filed its quarterly report on Form 10-Q with the Securities and Exchange Commission on November 14, 2012. China Industrial Steel manufactures and sells in the Chinese domestic market four products; steel plate, steel bar, steel wire, and steel billet. Steel plate, steel wire and steel bar are...
TAIYUAN CITY, China, Nov. 15, 2012 /PRNewswire-FirstCall/ -- Longwei Petroleum Investment Holding Ltd. (NYSE MKT: LPH) ("Longwei" or the "Company"), an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China ("PRC"), today announced it has signed purchase agreements with seven major customers for its Huajie facility, bringing the total since the Company commenced operations in early October to 16 new...
NEW YORK, Nov. 8, 2012 /PRNewswire/ -- Overall merger & acquisition (M&A) activity in the global industrial products (IP) industry remained suppressed during the third quarter of 2012, as management teams remain cautious given ongoing global economic uncertainty, according to a series of quarterly M&A reports released today by PwC US. Across the entire IP industry, there were 164 transactions worth $50 million or more totaling $81 billion in the third quarter of...
HONG KONG, Nov. 8, 2012 /PRNewswire/ -- Network CN Inc. (OTCBB.NWCN) is pleased to announce that the Company's wholly owned subsidiary, Yi Gao Shanghai Advertising Limited has entered into a contract to operate the advertising area of the UshopIn Import Commodity Exhibition Centre in "Zhuhai-Macau Cross Border Industrial Zone" (the "Zone"). Zuhai is one of the five special economic zones in China, all of which enjoy special economic policies and flexible government...
CHONGQING, China, Oct. 31, 2012 /PRNewswire/ -- Italian investment company, Vailog, and Goodman Group from Australia announced on October 23 plans to invest in Chongqing Liangjiang New Area, providing yet further opportunities for international logistics development among Chongqing and countries around the world. The two groups will invest US$200 million in the area to develop e-commerce and financial logistics industrial parks with multiple functions. "The development of inland China...
TAIYUAN CITY, China, Oct. 29, 2012 /PRNewswire-FirstCall/ -- Longwei Petroleum Investment Holding Ltd. (NYSE MKT: LPH) ("Longwei" or the "Company"), an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China ("PRC"), today announced it has signed purchase agreements with nine major customers for its Huajie facility and received the endorsement of local government and business leaders based on a site visit to...
COLUMBUS, Ohio, Oct. 29, 2012 /PRNewswire/ -- Oxford Resource Partners, LP (NYSE: OXF) (the "Partnership" or "Oxford") declared a reduced cash distribution of $0.20 per common unit for its third quarter ended September 30, 2012. The Partnership determined that no cash distribution will be paid on its subordinated units for its third quarter ended September 30, 2012. The common units distribution will be paid on November 14, 2012, to all common unitholders of record as of...
SINGAPORE, Oct. 25, 2012 /PRNewswire/ -- China's apparent oil demand* rose 9.1% year on year in September to 40.12 million metric tons (mt), or an average 9.8 million barrels per day (b/d), the highest on record, a just-released Platts analysis of recent Chinese government data showed. September apparent* demand surpassed the previous record of 9.77 million b/d hit in February this year. Demand growth for the month was also the highest since February 2011. The September growth in...
